Caribbean

IDB issues more sustainable bonds in pounds

Corporate & Sovereign Strategy Bonds Debt

US-based development bank prices $373 mln in five-year notes to yield 49 basis points over UK government bonds

IDB sells second sustainable bonds this year

Corporate & Sovereign Strategy Inter-American Development Bank (IDB) Bonds

US-based development bank issues $2.25 bln in 10-year notes after orders peak at $3.4 bln, head of funding says

IDB talks pricing for next sustainable bond

Corporate & Sovereign Strategy Inter-American Development Bank (IDB) Bonds

US-based development bank opens IPTs around 54 basis over SOFR mid-swaps, head of funding says

IDB Invest to negotiate capital increase

IDB Invest Equity Capital Markets

IDB's private sector affiliate could mobilize an additional $17 bln to expand equity investments and provide more local-currency loans, CEO says

Aeropuerto de Antofagasta appoints new CEO

Latin America Chile Caribbean

Simón Locher will run the Flughafen Zürich-owned airport operator in Chile

IDB Invest backs Darby climate fund

Funds Debt International Financial Institutions

IDB's private sector affiliate commits $50 mln to a $400 mln debt fund for green projects

CAF earmarks $4 bln for water projects in LatAm

International Financial Institutions CAF Debt

South American development bank looks to expand access to clean drinking water across the region by 2026

Fitch upgrades Aruba on tourism rebound

Credit Ratings Fitch Ratings Upgrade

Rating agency gives the Dutch constituent country a BB+ as GDP surpasses pre-pandemic levels

Fitch improves outlook for Jamaica

Credit Ratings Fitch Ratings Revision

Rating agency points to progress in cutting debt and $1.7 bln in new loans from the IMF

Fitch downgrades Digicel again

Credit Ratings Fitch Ratings Downgrade

Rating agency gives the Caribbean mobile phone company a C after creditors grant a 30-day grace period on a $925 mln bond payment

Digicel gets temporary reprieve from creditors

Corporate & Sovereign Strategy Bonds Debt

Caribbean mobile phone company is granted a 30-day grace period that can be extended to 90 days if it reaches a restructuring agreement

Chile's former finance minister to rejoin IMF

International Monetary Fund (IMF) People Chile

Rodrigo Valdés will become director of the fund's Western Hemisphere department on May 1

IDB prints more sustainable bonds in pounds

Corporate & Sovereign Strategy Bonds Debt

US-based development bank issues $481 mln in seven-year bonds as order peak above $900 mln, head of funding says

IDB Invest lends to Lar

Corporate & Sovereign Strategy Debt Loans

IDB's private sector affiliate provides $10 mln for the Paraguayan agricultural supplier to purchase grains and fund exports to Brazil

Fitch drops Digicel to CC

Credit Ratings Fitch Ratings Downgrade

Caribbean mobile phone company faces "very high credit risk" with a $925 mln bond payment due next month